495 Scott Rd - Apartments FOR SALE


Waterbury, CT 06705
$1,450,000 USD
203-751-1390
495 Scott Rd, Waterbury, CT for Sale
$1,450,000 USD
Apartments - FOR SALE
1/16
null | 5.49% Cap Rate

495 Scott Rd
Waterbury, CT 06705


HIGHLIGHTS

  • Become the Largest Owner in this Well Maintained Condo Complex
  • Value Add - Below Market Rents with Updated Units Featuring Oversized Garages
  • Bare Minimum Landlord Responsibilities - HOA Maintains Property

OVERVIEW

2% of sales price to Buyer’s Agent. Become the Largest Owner in This Well-Maintained Condo Complex featuring 2 Bedroom Condos (Eight Condo Unit Portfolio For Sale) in a High-Income Area of Waterbury, Connecticut. This Offering Presents a Massive VALUE ADD Opportunity with the Updated Interiors, Attached Garages, and Below Market Rents. Enjoy BARE MINIMUM Landlord Responsibilities as the Condo Association Provides Hands Off Management for the Entire Complex.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$13 USD /SF

# OF UNITS

8

PRICE/UNIT

$181,250

CAP RATE

5.49%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8 Units - Scott Road Condo Portfolio

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1986

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,800 SF

ZONING

RS

APN/PARCEL ID

WATE-000471-000141-000003,WATE-000471-000141-000005-000033

ASK ABOUT THIS PROPERTY

Ari BigiGroup Realty LLCMore Info
203-751-1390

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Ari BigiGroup Realty LLCMore Info
203-751-1390

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.